Head, Reconciliations

  • Full-time
  • Business Segment: Group Functions

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To manage the reconciliations team, oversee multiple portfolios, sign-off recons and manage any complex and / or long outstanding breaks, queries and escalations to mitigate risk for the bank through the timeous resolution of outstanding breaks. Identify ongoing trends and opportunities to enhance processes and systems while driving adoption.

Qualifications

Minimum Qualifications
Type of Qualification: First Degree
Field of Study: Business Commerce, Finance and Accounting

Experience Required
Reconciliations
Operations
3-4 years
Management experience and understand the basics of team dynamics and participation in developing and maintaining a team culture, experience in having led a team, driving performance in relation to stipulated operational requirements and strategic objectives.

5-7 years
A thorough understanding and working experience of the rules and principles of good governance and risk management pertaining to Reconciliation related products, processes, procedures and policies. A good understanding of accounting principles, account structures.

Additional Information

Behavioral Competencies:

  • Articulating Information
  • Challenging Ideas
  • Developing Expertise
  • Directing People
  • Documenting Facts
  • Embracing Change
  • Empowering Individuals
  • Examining Information
  • Interacting with People
  • Interpreting Data
  • Inviting Feedback
  • Making Decisions
  • Managing Tasks
  • Pursuing Goals
  • Resolving Conflict
  • Showing Composure
  • Taking Action
  • Team Working
  • Upholding Standards
  • Valuing Individuals

Technical Competencies:

  • Automation Acumen
  • Automation Enablement
  • Automation Literacy
  • Banking Process & Procedures
  • Business Administration Skills
  • Business Development
  • Client Knowledge
  • Client Relationship Management
  • Coaching and Mentoring
  • Compliance
  • Continuous Improvement
  • Creative Problem Solving
  • Data Compliance
  • Data Measurement
  • Drives progress and accountability
  • Fraud Detection and Management
  • Operational Planning
  • Operations Risk Management
  • Process Automation Value Management
  • Product and Services Knowledge
  • Product Knowledge (Consumer Banking)
  • Product Related Systems (Consumer Banking)
  • Quality Orientation
  • Risk Awareness
  • Risk Identification
  • Risk Management
  • Root Cause Analysis
  • Scenario Development
  • Solution Design & Enablement
  • Strategic Alignment & Execution
  • Strategic Planning and Reporting

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